Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. growth slowed to 1.6%.
Exchange-traded funds that buy long-term Treasury bonds were under pressure Thursday, as investors parsed fresh data on U.S. economic growth and inflation in the first quarter.
Mrs Oluwatoyin Madein, the Accountant General of the Federation (AGF) has advised treasury managers to guard against corruption, fraud and financial mismanagement by implementing strong internal control mechanisms.
The Accountant General of the Federal, Oluwatoyin Madein on Thursday, April 25, warned treasury managers in the country to resist corrupt practices, fraud, and financial mismanagement. Speaking at the training...
Treasury chief Christopher Hui seeks to clear up confusion over whether residents on UK citizenship pathway can withdraw pensions at meeting with visiting British minister.
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.